Trump inflicted own goal on the U.S. economy, says Karl Schamotta

Trump inflicted own goal on the U.S. economy, says Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, talks about why the U.S. dollar is going down and the Loonie is going up. Watch now

U.S. dollar up in Taipei trading - Focus Taiwan

Taipei, April 7 (CNA) The U.S. dollar was traded at NT$33.204 at 10 a.m. Monday on the Taipei Foreign Exchange, up NT$0.116 from the previous close.

It’s been a privilege

By Atul Bhatia, CFA Key points The dollar’s reserve status may not be as important to the U.S. economy as is often assumed. Issuers of reserve currencies face fiscal and trade headwinds that are problematic for the U.S. We think reserve holders are likely to slowly diversify into other currencies, helping reduce the risks of the transition. “An exorbitant privilege” is how former French President Valéry Giscard d’Estaing once referred to the U…

The US dollar is usually overvalued, increasing US goods abroad and reducing its competitiveness. The dollar’s status as the main global and international reserve currency for being used in numerous payments outside the issuing country; it feeds its strength beyond economic fundamentals, generating an overvaluation that, according to Donald Trump, “has weighed heavily on the US manufacturing sector.” In other words, such a strong currency artifi…

US expert Karl-Theodor zu Guttenberg was a guest on AZ Live. On stage, he spoke about the minds behind Trump and a turning point facing Europe.

The dominance of the U.S. dollar is at risk

Shifting global investment patterns are challenging the strength of the U.S. dollar, according to a top commodities broker.